MI
Wexford
Cadillac City Wexford
49601
1012 Seneca
1012 Seneca, Cadillac City Wexford, MI 49601
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
5
$175,000

Home Details for 1012 Seneca

Price
$175,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1994
Lot size acres
1.5
County
Wexford
Garage
Days on site
224
MLS Listing#
78080056361
Property Description

Introducing an exceptional industrial opportunity - This 2,104 SF building, zoned Light Industrial, is a prime investment for industrial, warehouse, and distribution purposes. Strategically located in the bustling Cadillac area, this property offers a versatile and adaptable space ideal for a range of industrial activities. With convenient access to key transportation routes, it ensures efficient logistics and connectivity. Whether for storage, manufacturing, or distribution, this property provides a solid foundation for success in the industrial landscape. Don't miss this chance to secure a valuable asset perfectly positioned to meet the needs of industrial, warehouse, or distribution investors. INVESTMENT HIGHLIGHTS Great investment opportunity for this industrial building leased to local business owner Tenant is responsible for utilities and property maintenance Well maintained, heated building Tenant has been at this location since 2023 and lease runs through October 2029 Strategic location between M-115 and US-131 Cap Rate: 10.42% Total Income: $21,600 NOI: $18,234

Property Features
  • Heating Information
    • Natural Gas
    • Space Heater
  • Cooling Information
    • None
  • Water Features
    • Public
  • Utilities
    • Natural Gas Connected
Listing Courtesy: Coldwell Banker Schmidt-Cadillac - 231-775-1737
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT AHEAD REALTY
1542 N. Leroy, Suite 2A, Fenton, MI 48430
Office
810 347 5354
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